Navy Contracts definition
Examples of Navy Contracts in a sentence
Subsequent to the Closing, Seller, in accordance with Federal Acquisition Regulations ("FAR") 42.1204(a)(2)(ii), will diligently pursue a novation agreement with the United States Government wherein Seller will assume all rights and obligations specific to the Navy Contracts.
Seller has entered into certain contracts with the United States Navy listed on SCHEDULE 2.1(b) (the "Navy Contracts").
There are no payment or performance bonds applicable to the Navy Contracts.
Liens Section 4.9 No Burdensome Restrictions Section 4.10 Taxes Section 4.11 Regulations G, T, U and X Section 4.12 ERISA Section 4.13 Subsidiaries Section 4.14 Government Regulation Section 4.15 Environmental Matters Section 4.16 Judgments or Litigation Section 4.17 Government Contracts Section 4.18 Modular Construction Section 4.19 Licenses, Permits Section 4.20 Navy Contracts Section 4.21 Loan Documents, etc.
There are no offsets, and there are not currently threatened or pending any claims of offsets against the Company or any of its Subsidiaries by any Governmental Authority which claims of offsets may be used to reduce amounts owing by any Governmental Authority under the Navy Contracts, which claims of offsets could reasonably be expected to have a Material Adverse Effect.
To serve as the institutional liaison for the Park Board and CHF with the Department of the Navy; to execute a program of ongoing compliance activities required by the Navy Contracts on the Vessels and share the results of compliance reviews with the Park Board; to keep the Park Board informed of activities or proposed Navy activities for the Center and to copy the Park Board on all communications sent to or received from the Department of the Navy.
At the Closing, Seller shall be granted an exclusive license to use the name "GSS Government Services" in connection with the Navy Contracts.
Seller shall retain all liabilities under the Navy Contracts, and Buyer shall have no liability for the Navy Contracts.
Except as set forth on Schedule 4.20, the Company has the right under the Navy Contracts to assign the Company's right, title and interest to the proceeds thereof to the Agent for the benefit of the Banks, in each case, free of any contractual right of set-off.
A dispute has arisen between A&E and the United States Department of the Navy regarding non-payment of certain amounts owing under the Navy Contracts.